Michael Kanellos
It’s been a good month for Energy Recovery.
The company, which makes energy efficient systems for desalinating seawater, pulled off an IPO in the beginning of July in the middle of a swoon on the stock market. The stock is trading in the $11 range, or 40 percent plus the initial price. Ironically, the IPO took [...]
Daniel Englander
British Energy, the UK’s nuclear power monopoly, will likely be sold to Electricité de France this week in a deal valuing the company at close to $25 billion. Though negotiations are ongoing and the parties are still apart on the precise value per share of British Energy (EdF thinks the 750p per share valuation a [...]
Eric Wesoff
I moderated a solar thermal panel at Intersolar on Wednesday with three major players in the rapidly emerging solar thermal market – Ausra’s Glen Davis, Acciona’s Gilbert Cohen and Josef Eichhamer of Solar Millennium.
All of the firms that were on the panel have major contracts to provide power, are building or have built numerous power [...]
Eric Wesoff
Greentech Media hosted an enormously successful all-day seminar on Concentrated Solar Power Markets and Technologies yesterday at Intersolar in San Francisco. Daniel Englander reported on it here. Over 300 people attended the seminar.
But as informative and compelling as the speakers were at the podium and on the panels – sometimes the more interesting conversations occur [...]
Daniel Englander
The transition to a restructured electricity supply industry in the U.S. has, to an extent, allowed for greater efficiencies stemming from the introduction of new technology. Specifically, the ability of new entrants to compete against incumbent utilities - at least in the 1980s and 1990s - was premised on the introduction of the combined cycle [...]
Daniel Englander
Despite the near daily hum telling us that we’re in big trouble, sometimes we read something that makes us think: wow, we’re in big trouble. An Ernst & Young report released yesterday profiling 40 benchmark oil exploration and production companies in the U.S. found oil production has remained flat at 1.2 billion barrels per year [...]